Fortumo is participating at GMIC Bangalore 2016 on Nov 16, 2016  

Overview

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Total Equity Funding
$10M in 1 Round from 2 Investors
Most Recent Funding
$10M Series A on February 22, 2013
Headquarters:
Tartu, Tartumaa
Description:
Fortumo is a mobile payments company enabling carrier billing in 90+ countries through 350+ mobile operators to over 130,000 merchants.
Founders:
, ,
Categories:
E-Commerce, Mobile Payments, Mobile, Payments
Website:
https://fortumo.com
Social:

Company Details

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Fortumo is a mobile payments company that enables direct carrier billing with more than 350 mobile operators in 90+ countries. Fortumo's payment products work across a wide range of platforms including desktop devices, smartphones, feature phones, tablets and smart TV-s. These products give consumers a simple, 1-click payment method to charge online purchases to their phone bill.

For carriers, connecting to Fortumo enables additional revenue from leading app stores, game developers and digital media companies while Fortumo takes care of the technical infrastructure, taxation, merchant on-boarding and support in post-launch activities.

For app stores, digital media companies and game developers, Fortumo provides one integration with 350 mobile operators as well as a single point of contact for settlements, reporting, support and infrastructure upgrades.

Founded in 2007, Fortumo has offices in Estonia, San Francisco, Beijing, Delhi, Singapore & Hanoi and is backed by Intel Capital and Greycroft Partners. For more information, please visit https://fortumo.com.

Funding Rounds (1) - $10M

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DateAmount / RoundValuationLead InvestorInvestors
Feb, 2013$10M / Series A2

Investors (2)

InvestorRound(s)Partner(s)
Series A (Lead)
Series A (Lead)-

Current Team (6)

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Board Members and Advisors (1)

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Products (4)

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Competitors (2)

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  • Bango is a mobile payments solution for app stores, operators and publishers, providing technology that enables commerce on the mobile web.
  • Boku is a global mobile payments network providing mobile-enhanced payments in e-commerce and at physical point-of-sale.

Customers (28)

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  • Games2Win offers online gaming portals, proprietary games, in-game ad networks, and mobile social networks for applications and games.
  • Huawei Technologies provides infrastructure application software and devices with wireline, wireless, and IP technologies.
  • Gaana is a music streaming application based in India. The service hosts popular Bollywood, Hindi, regional and international music.
  • ZTE is a provider of telecommunications equipment and network solutions.
  • HOOQ, a joint venture start-up, to offer a regional over-thetop (OTT) video service in Asia.
  • Happy Elements is focused on the development of social, web, and mobile games as well as publishing services.
  • Gionee is a mobile technology company focused on the research and development, production, and sale of cellular mobile devices.
  • Gameloft is an international publisher and developer of digitally-distributed video games specially designed for iOS, Android and Java.

Offices/Locations (6)

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  • Delhi Office

    Vatika Business Centre, 2nd Floor

    Sushant Lok 1, Block A

    Delhi, Delhi

    India

  • Headquarters

    Toompuiestee 35

    Tallinn, Harjumaa 10133

    Estonia

  • Beijing Office

    Room 901, Build A, SanLiTun SoHo

    8# Gongti North Road

    Beijing, Beijing

    China

  • USA Office

    180 Sansome Street

    San Francisco, California 94104

    United States

  • Tartu Office

    Ülikooli 6A

    Tartu, Tartumaa 51003

    Estonia

  • Singapore Office

    #05-13, The Infiniti

    West Coast Park

    Singapore, Central Region 127715

    Singapore

Upcoming Event Appearances (1)

GMIC Bangalore 2016

November 16, 2016 - November 17, 2016

Bangalore, Karnataka, India

GMIC Bangalore 2015 will explore the various aspects of the mobile ecosystem with the theme ‘Mobile Everything – Connecting Innovation.’

Past Event Appearances (2)

Images (1)

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